According to a recent report done by Domain, Sydney house prices have been dropping at a pace not experienced since a decade ago due to the negative forecasts concerning the current housing market. The average discount on prices …
ReadInvestors who are looking to purchase a new property often look at buying off-the plan. Buying off-the-plan essentially means you are entering into a contract to purchase a property prior to, or during the construction phase of a …
ReadWe have received reports of spam and phishing emails claiming to be from Chan & Naylor that contains a specific PDF document called “Asset Allocation” and urging our clients to click on the file to open it. Here’s …
ReadThere are 1.7 million property investors in Australia, and 97% of them own one investment property. Only 3% of them own two or more investment properties. The predominant demographic of the 97% are ordinary folk like nurses, bookkeepers, …
ReadTrustees of SMSFs have many issues to deliberate when considering the purchase of a property as an investment for their SMSF. That includes whether they will utilise the SMSF limited recourse borrowing provisions under the SIS Act, or …
ReadThe Australian Taxation Office (ATO) recently released superannuation rate and threshold updates for the 2018/2019 financial year. Let’s discuss the key super rates and thresholds that are applicable to contributions and benefits, Super Guarantee (SG), and co-contributions. Concessional …
ReadAccording to an article from Your Money, while most capital cities in Australia are currently experiencing a property downturn, real estate in Brisbane seems to be progressing as noted in a most recent land valuation report from the …
ReadThere are so many questions to ask yourself when buying a business and it’s worth taking the time to answer them carefully. What you decide now will affect your future in a major way. One of the first …
ReadIf you manufacture goods in China or derive any revenue from China, it’s time to put trademark registration at the top of your list of priorities. In what is becoming an alarmingly common phenomenon that has affected even …
ReadA self-managed super fund loan or an SMSF loan is a home loan operated by an SMSF to purchase investment residential or commercial property. The investment profits, regardless if they’re from capital gains or rental income, are directed …
ReadFor some, spending more for their superannuation in Australia may be the least of their priorities. There are many other things one would prefer to prioritise over their super, such as settling mortgage debt or saving up for …
ReadEven though scams, hacks, and breaches have become more innovative and tougher to deal with, human error continues to be one of the primary reasons why hackers can access business databases. According to a recent breach report coming …
ReadThe Single Touch Payroll deadline for employers has been extended to 1 July 2019. From this date onwards, single touch payroll will be applicable to all employers. Single touch payroll (STP) is the direct reporting of salary and …
ReadSearching for the right car doesn’t have to be laborious and stressful. With Chan & Naylor Finance, the car brokers with whom we work can get you the car of your dreams so you won’t have to spend …
ReadAccording to CoreLogic, homeowners and property investors offering vendor discounts are rising as housing conditions continue to deteriorate. Vendors are increasingly accepting lower prices for their homes as the reality of a cooling market kicks in. The vendor …
ReadThis week saw another bounce in preliminary auction clearance rates for Sydney according to Domain at 61 per cent, but with Melbourne languishing a bit at 55 per cent. Melbourne came to its downturn phase later, and thus …
ReadShould Labor win the election, Shadow Treasurer Chris Bowen promised to expand anti-money laundering (AML) policies to professionals including real estate agents, accountants, and solicitors by requiring them to report dirty money being used to purchase real estate …
ReadThere is a new scam circulating where scammers claiming to be from the Australian Securities & Investments Commission (ASIC) are getting in touch with Registry customers requesting them to pay for fees and provide personal details to renew …
ReadFranking refers to tax credits, and the process that eliminates or reduces the taxation of cash payouts to its shareholders is referred to as dividend imputation. The tax credits are beneficial to individuals on high tax rates and …
ReadDoes your business have casual workers? Is there any chance your business will employ casual staff within the foreseeable future? If yes, it is absolutely critical that you are on top of the multitude of changes to the …
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